What Happens if There are Multiple Offers For a Property?
With HUD homes please remember, WILMOTH Group does not have any involvement in the bidding process.
With HUD homes please remember, WILMOTH Group does not have any involvement in the bidding process.
When preparing line 5 of the Sales Contract, you will be able to request up to 3% of the bid amount for closing costs over and above those to be paid by HUD.
Purchases of HUD homes require a different process for inspections. The listing agent is not involved in setting these inspections up.
If a buyer does not have a Social Security number, they will need to have a Taxpayer Identification Number (TIN).
In areas where winterization is required, all homes will not be able to complete a home inspection without a de-winterization being completed.
The Non-Profit Discount Homes program encourages the development of communities as the home owned by HUD is offered for sale.
HUD’s owner-occupant buyer type requires buyers to live in the home for 12 months.
In general, the earnest money deposit (EMD) is negotiable. In the case of HUD homes there are set rules.
One of the most important reasons to hire a property manager in Indianapolis is because they will provide services to improve your return on investment (ROI).
These three codes are offered to help provide information to allow a sellers agent or buyer to assess the type of financing available for a listed property.